The National Accountability Bureau (NAB) Lahore has recovered nearly Rs330 million from the Lahore residence of a former government officer, a statement issued by the corruption watchdog said on Friday.

The bureau carried out a raid at the house of the grade-16 former government official, located in Lahore's EME society, after receiving a tip-off about him.

"Approximately Rs330m that had allegedly been hidden were recovered during the raid on the house," the NAB statement said.

The bureau is currently keeping the suspect's identity secret "so as not to impede the acquisition of additional evidence".

According to the NAB statement, the mammoth amount recovered from the official's residence includes Rs100m in Pakistani rupees, Rs170m in the form of prize bonds, and nearly Rs35m in the form of 11 foreign currencies.

The bureau said it is also carrying out an inquiry regarding proofs of extensive properties allegedly owned by the suspect.

The director general of NAB Lahore has directed that an inquiry be immediately started against the suspect for allegedly owning assets beyond known means of income, the statement added.

Opinion

Editorial

Missing in action
17 Mar, 2026

Missing in action

NOT exactly known for playing a proactive role in protecting the interests of Muslim nations and populations...
Risk to stability
Updated 17 Mar, 2026

Risk to stability

THE risks to Pakistan’s fragile economic recovery from the US-Israel war on Iran cannot be dismissed. Yet the...
Enrolment push
17 Mar, 2026

Enrolment push

THE federal government has embarked upon the welcome initiative to enrol 25,000 out-of-school children in Islamabad...
Holding the line
16 Mar, 2026

Holding the line

PAKISTAN’S long battle against polio has recently produced encouraging signs. Data from the national eradication...
Power self-reliance
Updated 16 Mar, 2026

Power self-reliance

PAKISTAN’S transition to domestic sources of electricity is a welcome development for a country that has long been...
Looking for safety
16 Mar, 2026

Looking for safety

AS the Middle East conflict enters its third week, the war’s most enduring victims are not those who wage it....